March 28, 2024

Tuesday's Afternoon Update

What you need to know about Florida today

| 5/30/2017

Citing fraud, Florida insurers raise property insurance rates

Although a major hurricane hasn't unleashed its full fury on Florida in more than a decade, property insurance rates are climbing statewide because of another kind of storm — claims abuse. More from the Naples Daily News.

Florida TaxWatch: New rules increased transparency, decreased turkeys

Reforms to the way the Legislature puts its budget together lowered the number of “turkeys” wedged into the spending plan, but there are still some items Gov. Rick Scott should consider vetoing, , according to Florida TaxWatch. More from Florida TaxWatch and NorthEscambia.com.

Florida's Movers & Influencers
See some of Florida's top executive moves, board appointments, civic accomplishments, and more at Florida Trend's Movers & Influencers. Each profile appears in three places: in a weekly eNewsletter, online at FloridaTrend.com and in a monthly print issue of Florida Trend. Read more here.

Orlando-based Xenia buys Hyatt Grand Cypress

The Hyatt Regency Grand Cypress property, one of the most iconic resorts in Orlando, has changed hands for $205.5 million, according to county records. More from the Orlando Sentinel.

Office Depot CEO announces top executive appointments

Office Depot on Tuesday announced executive appointments, including a hire from CEO Gerry Smith’s previous employer, Lenovo. The executive appointments give an indication of the direction that the CEO, named in January, plans to take the Boca Raton-based office-supply retailer. More from the South Florida Sun-Sentinel.

1 in 4 Florida adults aren't registered to vote

Nearly 5 million people in Florida who are eligible to vote aren't registered, according to a nationwide nonpartisan group that helps improve the accuracy of state voter rolls. More from the Times/Herald.

Business Profile
Kahwa Coffee Roasters

florida Founded by husband and wife team Raphael and Sarah Perrier in 2006, Kahwa Coffee has grown from its first coffee shop in 2008 in St. Petersburg to opening coffee shops across Southwest Florida; providing signature roasts to 650 wholesale locations; being featured on HSN; and becoming the featured cafe in new Winn Dixie grocery store outlets across the Southeastern U.S.

» More from the Business Observer.

Fashion Industry
Is Miami on the Runway to Being a Fashion Capital?

florida originalsQuick, rattle off the capitals of fashion. Milan, check. Paris, New York, London, check, check, check. Miami ... Miami? No, the Magic City isn’t a fashion metropolis, but the CEO of the upcoming Miami Fashion Week believes Miami could one day be mentioned in the same breath as the others.

» Read more from the Miami Herald.

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Bitter-to-swallow cocoa costs force chocolate shops to raise prices
Bitter-to-swallow cocoa costs force chocolate shops to raise prices

Central Floirda chocolate shops are left with a bitter taste as cocoa prices hit an all-time high earlier this week.

Video Picks | Viewpoints@FloridaTrend

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